Baker Hughes Company is a leading energy technology company that aims to drive the transition to a more sustainable energy future. Its mission focuses on delivering innovative solutions and services to enhance the efficiency and productivity of oil and gas operations while minimizing environmental impact. Baker Hughes employs advanced technologies and digital solutions to optimize resource management and reduce carbon emissions. The company's strategy emphasizes collaboration with customers and partners to develop cutting-edge technologies that support the energy sector's evolution towards cleaner and more efficient practices.

BAKER HUGHES CO

Baker Hughes has reported a continued rebound in the U.S. energy sector, with the oil and natural gas rig count increasing for the third consecutive week as of February 14, 2025. The total number of active rigs rose by two to 588, including 481 oil rigs and 101 gas rigs....

Baker Hughes Reports Third Consecutive Increase in U.S. Oil and Gas Rig Count Amidst Geopolitical Tensions and Fluctuating Prices

Baker Hughes reports a third consecutive week of rising U.S. oil and gas rig counts, signaling cautious optimism in a sector grappling with geopolitical tensions and fluctuating prices. Can this rebound sustain momentum amidst ongoing challenges and a focus on shareholder returns?